Centersquare Investment Management LLC Acquires 42,824 Shares of American Homes 4 Rent (NYSE:AMH)

Centersquare Investment Management LLC lifted its stake in shares of American Homes 4 Rent (NYSE:AMH - Free Report) by 9.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 475,800 shares of the real estate investment trust's stock after buying an additional 42,824 shares during the period. Centersquare Investment Management LLC owned about 0.13% of American Homes 4 Rent worth $17,804,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Atria Investments Inc boosted its holdings in American Homes 4 Rent by 0.4% during the 4th quarter. Atria Investments Inc now owns 84,843 shares of the real estate investment trust's stock worth $3,175,000 after acquiring an additional 316 shares during the last quarter. Assetmark Inc. grew its position in American Homes 4 Rent by 37.1% in the 4th quarter. Assetmark Inc. now owns 1,385 shares of the real estate investment trust's stock worth $52,000 after purchasing an additional 375 shares in the last quarter. Jones Financial Companies Lllp increased its stake in American Homes 4 Rent by 56.6% in the 4th quarter. Jones Financial Companies Lllp now owns 1,084 shares of the real estate investment trust's stock valued at $41,000 after buying an additional 392 shares during the last quarter. State of Michigan Retirement System lifted its position in shares of American Homes 4 Rent by 0.5% during the 4th quarter. State of Michigan Retirement System now owns 75,100 shares of the real estate investment trust's stock worth $2,810,000 after buying an additional 400 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC lifted its holdings in American Homes 4 Rent by 14.3% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 3,493 shares of the real estate investment trust's stock worth $131,000 after acquiring an additional 438 shares during the period. Institutional investors own 91.87% of the company's stock.

American Homes 4 Rent Price Performance

Shares of AMH traded up $0.11 during trading hours on Wednesday, reaching $32.91. 765,289 shares of the company's stock traded hands, compared to its average volume of 2,192,932. American Homes 4 Rent has a 12 month low of $31.67 and a 12 month high of $41.41. The company has a current ratio of 0.76, a quick ratio of 0.58 and a debt-to-equity ratio of 0.64. The stock has a market cap of $12.18 billion, a PE ratio of 30.49, a price-to-earnings-growth ratio of 3.56 and a beta of 0.73. The firm's 50 day simple moving average is $35.79 and its 200-day simple moving average is $36.65.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last announced its earnings results on Thursday, February 20th. The real estate investment trust reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.30. The business had revenue of $436.59 million during the quarter, compared to analyst estimates of $442.02 million. American Homes 4 Rent had a net margin of 23.86% and a return on equity of 5.33%. Equities analysts expect that American Homes 4 Rent will post 1.85 EPS for the current year.

American Homes 4 Rent Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were given a dividend of $0.30 per share. This is an increase from American Homes 4 Rent's previous quarterly dividend of $0.26. The ex-dividend date of this dividend was Friday, March 14th. This represents a $1.20 dividend on an annualized basis and a yield of 3.65%. American Homes 4 Rent's dividend payout ratio (DPR) is presently 111.11%.

Analyst Upgrades and Downgrades

Several brokerages have commented on AMH. Scotiabank lowered shares of American Homes 4 Rent from a "sector outperform" rating to a "sector perform" rating and set a $38.00 price objective on the stock. in a research report on Thursday, January 23rd. Barclays increased their price objective on American Homes 4 Rent from $37.00 to $38.00 and gave the company an "equal weight" rating in a report on Wednesday, March 12th. JMP Securities reiterated a "market outperform" rating and set a $41.00 price target on shares of American Homes 4 Rent in a research note on Tuesday, January 14th. Deutsche Bank Aktiengesellschaft cut American Homes 4 Rent from a "buy" rating to a "hold" rating and lowered their price objective for the company from $40.00 to $37.00 in a research note on Tuesday, January 21st. Finally, Mizuho cut their target price on shares of American Homes 4 Rent from $41.00 to $37.00 and set an "outperform" rating for the company in a research report on Thursday, March 13th. One analyst has rated the stock with a sell rating, six have given a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $40.23.

About American Homes 4 Rent

American Homes 4 Rent operates as a real estate investment trust. It engages in the acquisition, renovation, leasing, and operating of single-family homes as rental properties. The company was founded by Bradley Wayne Hughes, Sr. on October 19, 2012 and is headquartered in Las Vegas, NV.